The problem with these mental challenged WMT supporters like tigersnumbernone962 they actually think that less is more when less actually means less. We pay more, we earn more and we get to live in one of the worlds best areas. All they see is the world as a glass half empty.
There is still such a place, it is called San Francisco. A city that WMT is afraid to even attempt to open a store, and we here are all better for it.
They offer some of the best value and shopping experiences. However the closest Walmart appears to be the best place to experience parking lot crime, awful customer service and some of America's shoddiest merchandise that you can buy. The reviews on Yelp tell it all.
There is little wonder as top why Walmart could never make it San Francisco.
You are wrong San Francisco and the bay area have record employment. You said you listen KSFO aren't you aware?
If you have ever visited Arkansas and towns like Bentonville, this view point makes a great deal of sense.
The estimated number of people living in San Francisco with a job increased by 3,800 to a record 520,500 in February and the unemployment rate in the city is back below 4 percent (3.8). That’s 19,500 more people living in San Francisco with a paycheck than at the same time last year.
Employment in San Francisco has jumped 25 percent in the past five years, an increase of 105,000 people with paychecks and competing for space since the end of 2009.
There are plenty of reasons to presume that California must be a bad place to do business. The Tax Foundation says the state's tax structure is the third worst for business in the U.S. Forbes ranks California's business costs fifth highest among the 50 states and its regulatory environment the eighth most burdensome.
Why then does the market, where buyers and sellers determine relative value, show otherwise? California-based companies surpass their competitors in the U.S. by most measures of performance favored by investors.
Since January 2011, when Edmund G. "Jerry" Brown Jr., became governor for the third time, the 63 publicly traded California companies in the Standard & Poor's 500 produced the best total return among the five states with the largest populations. California companies in the S&P 500 delivered returns of 134 percent; the closest big-state challenger was Florida, whose S&P companies had an 82 percent return, according to data compiled by Bloomberg. Texas-based companies delivered 52 percent during the period.
Companies domiciled in California also outperformed the S&P 500 during the past four years by a margin of 23 percent. Among the California industries making the state No. 1 in business are health care, returning 267 percent, consumer staples (302 percent), specialty pharma (235 percent), energy (30 percent) and biotech (333 percent).